South Carolina Statutes
§ 59-111-540 — Loan contracts.
South Carolina § 59-111-540
This text of South Carolina § 59-111-540 (Loan contracts.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 59-111-540 (2026).
Text
Before being granted a loan each applicant shall enter into a contract with the Department, which is considered a contract with the State of South Carolina agreeing to the terms and conditions upon which the loan is granted to him. The contract shall include such terms and provisions as shall carry out the purpose and intent of Section 59-111-530. The contract must be signed by the chairman of the Department, countersigned by the executive secretary of the Department, and signed by the applicant.
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Legislative History
HISTORY: 1962 Code SECTION 22-374; 1974 (58) 1983; 1985 Act No. 186, SECTION 1.
Nearby Sections
15
§ 59-111-120
"Fireman" defined.§ 59-111-130
"Law enforcement officer" defined.§ 59-111-140
"Corrections officer" defined.§ 59-111-145
"Government employee" defined.§ 59-111-150
"State-supported college or university" defined.§ 59-111-160
"Total disability" defined.§ 59-111-170
Application for free tuition.§ 59-111-180
Penalties for misrepresenting eligibility.§ 59-111-20
Free tuition for certain veterans' children.§ 59-111-30
South Carolina defense scholarship fund.§ 59-111-310
"Tuition" defined.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 59-111-540, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/111/59-111-540.